Listed by Mimmi Nassif Luxury Estates
$1,950,000
309 North Airport Road
Details
APN 1034402037
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Fourplex
Units 16
Cap Rate 7.62%
NOI $148,500
Occupancy 93.75%
Tenancy Multi
Year Built 1996
Buildings 8
Acreage 0.460
Zoning INC
Multifamily | 16 Units | $121,875/unit
Marketing description
This 8-duplex, 16-door rental property in Strafford is now available, offering an excellent investment opportunity with only one unit currently vacant. The property is well maintained and provides steady rental income in a desirable location. With strong occupancy and long-term potential, this is an ideal addition to any investor's portfolio. This listing consists of addresses 309, 311, 401 and 403.
Investment highlights
Listing Contacts
Listed by Mimmi Nassif Luxury Estates
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$148,500.00
$12,375.00/mo
Valuation Metrics
0
DSCR
7.62%
Cap Rate
7.62%
ROI
Map
Zoning
MR ResidentialSingle FamilyMixed Residential
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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